Weekly Market Wrap | 7 October 2022
Job growth remained robust in September, but easing slightly from the summer months...
Weekly Kick Start | 04 December 2023
Last week, PDD Holdings, the parent company of Pinduoduo and Temu, briefly outpaced Alibaba in market value after releasing a robust earnings report. This achievement highlights Pinduoduo’s exceptional growth and underscores a significant shift in China’s e-commerce landscape. We will discuss this event in this week’s recap.
Weekly Market Wrap | 27 March 2023
Credit Suisse, one of the world’s largest banks, has been taken over by its long-time rival UBS for $3.25 billion. The acquisition, which was announced on March 20th, marks the end of an era for Credit Suisse, which had been in business for 167 years. The deal will see each shareholder of Credit Suisse receive 1 share in UBS for every 22.48 Credit Suisse shares they hold.
Weekly Market Wrap | 29 July 2022
US have shifted towards recession or not; China's 5.5% GDP growth target muted
Weekly Market Wrap | 10 July 2023
Private employers in the United States added a significant number of jobs in June, surpassing expectations and indicating a robust job market. According to the private payroll supplier ADP, 497,000 new jobs were created last month, marking the largest monthly increase in over a year. The rise in hiring was primarily driven by consumer-facing service industries, with leisure and hospitality jobs contributing the most to the surge.
Weekly Market Wrap | 14 October 2022
The latest CPI figures showed that inflation is still running too hot, even as energy prices moderated...
Weekly Kick Start | 11 December 2023
In this week’s recap, we delve into Moody’s recent decision to downgrade China’s credit outlook from stable to negative. This pivotal move, driven by rising debt risks and economic slowdown concerns, marks a significant shift in the perception of China’s fiscal health and poses critical implications for global investors.
Weekly Market Wrap | 3 April 2023
The Nasdaq 100 Index surged into a new bull market on Wednesday, reaching a level not seen in nearly three years. After erasing a third of its value in 2022, it saw gains of over 20% from its December 28 close. In contrast, the S&P 500 Index has risen by 4.9% this year, while the Dow Jones Industrial Average has declined by 1.3%.
December FOMC Update: What does this mean for 2025
In its final FOMC meeting of 2024, the Fed delivered a widely expected 25 basis point cut to its benchmark interest rate. This brings the total interest rate cuts to 100 basis points for the year.
